Tech stocks to buy in 2017

If you are still not sure where to put your money this year, you should give a better look at your home and mobile devices. Not only technologies make your life easier, but they can also help enlarge your wallet.
The technology sector has been posting strong gains in the last few months. Last week, S&P’s tech components took a breather after a 15-day winning streak. Keep the long face, you are still on time to buy some pretty awesome stocks for your new portfolio.

Politics in the mix
As it’s no surprise, rumors have been floating around regarding President Donald Trump’s migration policies and its dangerous effect for the tech sector. In case you didn’t know, Silicon Valley currently employs a large number of engineers coming from all around the globe. If their visas get blocked or rejected, it could again hit on the uncertainty button and send stocks lower.

Stay safe, buy giants
Let’s be clear. Big companies are on the top for something,... they perform. So if you are new here, it’s advisable to start with those large ships that won’t leave you halfway empty-handed. And of course, if you are still interested about trying on a riskier choice, go ahead, but keep a balanced well-established portion of at least these five: Apple, Amazon, Alphabet, Microsoft and Facebook. Once you’ve got them, sky is the limit!?
Or… Buy all good together?
Honestly, not everybody wants to stay plugged all the time looking at thousand charts per hour. Luckily, there is a great alternative: the Technology Select Sector SPDR Fund (XLK). This fund is a perfect alternative for a low-cost passive investment in the major tech sector players.
If you compare the fund with the S&P 500, you’d notice that it has been outperforming the major index for quite a long time, giving a good sign that things are going well for techies.
At the time, Apple stays on top of the fund, taking almost 15 percent of the positioning. Microsoft follows with 10.22 percent and social network Facebook is on the third place with 6.45 percent.
Check out the current composition: